Engine Parts in Brazil | The Observatory of Economic Complexity

About

Exports In 2022, Brazil exported $1.57B in Engine Parts, making it the 12th largest exporter of Engine Parts in the world. At the same year, Engine Parts was the 30th most exported product in Brazil. The main destination of Engine Parts exports from Brazil are: United States ($490M), Mexico ($240M), Germany ($196M), Argentina ($117M), and Italy ($113M).

The fastest growing export markets for Engine Parts of Brazil between 2021 and 2022 were United States ($96.1M), Argentina ($31.9M), and Germany ($27.5M).

Imports In 2022, Brazil imported $1.52B in Engine Parts, becoming the 14th largest importer of Engine Parts in the world. At the same year, Engine Parts was the 34th most imported product in Brazil. Brazil imports Engine Parts primarily from: China ($284M), Germany ($238M), United States ($149M), Japan ($132M), and Italy ($104M).

The fastest growing import markets in Engine Parts for Brazil between 2021 and 2022 were United States ($56.1M), China ($24.1M), and India ($18.5M).

COMPANIES In 2023, leading companies such as ROBERT BOSCH TOOL CORPORATION (10.5k), TELAMON CORPORATION (10k), and ROBERT BOSCH LLC (3.06k) were at the forefront of shipping Engine Parts from Brazil to the United States.

Latest Trends

February 2024

About

Overview In February 2024 Brazil's Engine Parts exports accounted up to $113M and imports accounted up to $120M, resulting in a negative trade balance of $6.44M. Between February 2023 and February 2024 the exports of Brazil's Engine Parts have decreased by $-3.14M (-2.7%) from $116M to $113M, while imports increased by $623k (0.52%) from $119M to $120M.

Destinations In February 2024, Engine Parts were exported mostly to United States ($42.9M), Germany ($20.1M), Mexico ($16.9M), Italy ($6.1M), and Argentina ($5.69M), and were imported mostly from China ($22.3M), Germany ($16.7M), United States ($16.4M), Japan ($9.75M), and Italy ($7.78M).

Growth In February 2024, the decrease in Engine Parts's year-by-year exports was explained primarily by a decrease in exports to China ($-1.77M or -37.5%), United Kingdom ($-1.49M or -18.2%), and Argentina ($-1.25M or -20.3%). In February 2024, the increase in Engine Parts's year-by-year imports was explained primarily by an increase in imports from Germany ($3.36M or 16.5%), Thailand ($2.67M or 49.2%), and South Korea ($2.24M or 180%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)$-3.14M(-2.7%)

IMPORT GROWTH (February 2023 - February 2024)$623k(0.52%)

MAIN EXPORTER (February 2024)Santa Catarina$45.9M

MAIN DESTINATION (February 2024)United States$42.9M

This section shows Engine Parts's exports and imports data at subnational level for Brazil. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Engine Parts over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$1.57B

IMPORTS (2022)$1.52B

NET TRADE (2022)$52.6M

In 2022, Brazil exported $1.57B in Engine Parts. The main destinations of Brazil exports on Engine Parts were United States ($490M), Mexico ($240M), Germany ($196M), Argentina ($117M), and Italy ($113M).

In 2022, Brazil imported $1.52B in Engine Parts, mainly from China ($284M), Germany ($238M), United States ($149M), Japan ($132M), and Italy ($104M).

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